Exhibit 10.13

 

	 	No. GSHT2020085226



 





 


Loan Contract


 


Borrower: Xiamen Pop Culture Co., Ltd.


 


Lender: Xiamen Bank Co., Ltd.


 


Contract version number: revised in January
2020


 




    	 



    	



    

 


The Borrower and the
Lender, through equal negotiation, reach an agreement on the Lender’s loan to the Borrower, and hereby enter into the Contract.


 


Part I General Provision


 


Article 1 Amount, Term and Purpose of the Loan


 


		1.1	The amount, term and purpose of the loan
under the Contract are specified in Article 14 of the Contract.



 


		1.2	Without the written consent of the lender,
the borrower shall not change the purpose of the loan, including but not limited to the borrower shall not use the loan for investment
in fixed assets, equity and other investments, and shall not use it for fields and purposes prohibited by the state for production
and operation.



 


		1.3	The receipt for the loan constitutes an
integral part of the Contract and has the same legal effect as the Contract. If the specific loan amount, term, interest rate,
repayment account and other information under the Contract is different from the record of the loan receipt, the record of the
loan receipt shall prevail.



 


Article 2 Calculation and Collection of Interest and Adjustment
of Interest Rate


 


		2.1	The loan interest rate, loan interest
rate adjustment method and interest settlement method under the Contract are specified in Article 15 of the Contract.



 


		2.2	Interest Collection



 


			Unless otherwise agreed by both parties, the loan interest under the Contract shall be calculated
from the date when the loan funds are transferred to the account of the Borrower, and shall be calculated according to the actual
withdrawal amount and the number of days of money used. Interest shall be calculated on the day of interest settlement and included
in the current period.



 


			Interest calculation formula: interest = principal * actual days * daily interest rate.



 


			Daily interest rate conversion formula:



 


			Daily interest rate = annual interest rate/360 (Exception: daily interest rate for HKD, SGD and
GBP loans = annual interest rate/365).



 


		2.3	Types of loan interest rate adjustment
method



 


		2.3.1	Fixed interest rate refers to the executive
interest rate which is not affected by the adjustment of legal interest rate and market interest rate that may occur during the
contract period.



 


		2.3.2	Floating interest rate means that the
executive interest rate is subject to the adjustment of legal interest rate and market interest rate that may occur during the
contract period, but the interest calculated according to the original executive interest rate before the agreed adjustment date
will not be readjusted.



 


		(1)	In the case that the floating interest rate is adopted for the adjustment of the RMB loan
                                                               hereunder, if the adjustment is made annually, the adjustment date shall be the corresponding date one year after the
                                                               withdrawal date; if there is no date corresponding to the withdrawal date in the month of adjustment, the last day of the
                                                               month shall be taken as the corresponding date; In case of quarterly adjustment, the adjustment date is January 1, April 1,
                                                               July 1 and October 1; In case of monthly adjustment, the adjustment date shall be the 1st day of each month. On the
                                                               adjustment date, the Lender shall determine the new loan interest rate according to the latest loan market quotation interest
                                                               rate (LPR) of the corresponding period before the adjustment date (excluding the day of adjustment) as per the plus/minus
                                                               point value agreed in Article 15.1 of the Contract, without further notice to the Borrower.



 



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		(2)	If the floating interest rate is adopted for the adjustment of the foreign currency loan
                                                               under the Contract, the adjustment date shall be December 21 of each year in case of annual adjustment; If adjusted
                                                               quarterly, the adjustment date is March 21, June 21, September 21 and December 21; If it is adjusted monthly, the adjustment
                                                               date is the 21st day of each month. On the adjustment date, the Lender shall, based on the documents obtained from Reuters
                                                               prior to 9:00 (Beijing Time) on the adjustment date and in accordance with the Contract No.1. The latest applicable interest
                                                               rate of the same term and interest rate type and the same plus/minus point spread shall be readjusted, and the new borrowing
                                                               interest rate shall be determined without further notice to the Borrower; Or re-adjust the latest loan interest rate
                                                               applicable to the same currency and the same term agreed in Article 15.1 of the Contract and determine the new loan interest
                                                               rate without further notice to the Borrower.



 


		2.4	Default interest



 


		2.4.1	If the Borrower fails to pay the
                                                             principal and interest of the loan when due (including the Lender announces to pay the principal and interest in advance),
                                                             the Lender shall have the right to charge overdue interest based on the loan interest rate actually implemented under this
                                                             Contract with a 50% rise from the overdue date until the date when the Borrower pays off the principal and interests of the
                                                             loan. If the Borrower fails to use the loan funds according to the agreed purpose, the Lender has the right to charge
                                                             default                                                              interest on the loan amount used by the Borrower in
                                                             breach of the Contract based on the loan interest rate actually
                                                             implemented under the Contract rising by 100% from the date of default until the date of repayment of principal and interest
                                                             by the Borrower; If the loan interest rate actually executed under the Contract is adjusted according to the legal interest
                                                             rate and market interest rate as agreed in the Contract, the default interest rate shall be adjusted accordingly. For loans
                                                             that are both overdue and misappropriated, penalty interest shall be calculated and collected at a higher penalty interest
                                                             rate.



 


		2.4.2	For the interest and penalty interest
that the Borrower fails to pay on time, compound interest shall be calculated and collected from the overdue date according to
the penalty interest rate agreed in Clause 2.4.1 of the Contract.



 


Article 3 Withdrawal


 


		3.1	The Borrower’s withdrawal shall meet the
following conditions:



 


		(1)	The Contract has come into effect;



 


		(2)	The Borrower has provided guarantee according
to the requirements of the Lender, and the guarantee contract has taken effect and completed the legal approval, registration or
filing procedures;



 


		(3)	The Borrower has reserved for the Lender
the Borrower’s documents, receipts, seals, personnel list and signature sample related to the conclusion and performance of the
Contract, and filled out the relevant vouchers;



 


		(4)	The Borrower has opened the account necessary
for the performance of the Contract as required by the Lender;



 


		(5)	Submit a written application for withdrawal
and relevant documents certifying the purpose of the loan to the Lender prior to the withdrawal, and handle relevant withdrawal
procedures;



 


		(6)	Other conditions for withdrawal stipulated
by law and agreed by both parties.



 


If the above conditions for withdrawal are
not met, the Lender has the right to reject the Borrower’s application for withdrawal, except that the Lender agrees to lend money.


 


		3.2	If the Lender agrees to advance the loan,
the Borrower shall make a one-time withdrawal, and the withdrawal amount shall not exceed the loan amount agreed in Article 14
of the Contract. If the drawing amount is less than the loan amount agreed in Article 14 of the Contract, the interest shall be
calculated based on the actual drawing amount, but for the difference between the loan amount agreed in Article 14 of the Contract
and the actual drawing amount, the Borrower has no right to request to make a second drawing.



 


		3.3	The actual withdrawal date of the Borrower
shall not exceed three months after the signing date of the Contract, otherwise the Lender has the right to refuse to release and
cancel all loans.



 



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Article 4 Payment of Loan Fund


 


		4.1	Types of payment methods for loan funds



 


		4.1.1	The entrusted payment of the Lender means
that the Lender shall, according to the payment entrustment of the Borrower, pay the loan funds to the Borrower’s transaction object
meeting the purpose specified in the Contract through the Borrower’s account. The Borrower shall not independently pay the entrusted
payment in accordance with the Contract.



 


		4.1.2	The borrower pays independently, that
is, after the lender distributes the borrowing funds to the borrower’s account, the borrower pays independently to the borrower’s
trading object who meets the contractual purpose.



 


		4.1.3	In case of any change in the conditions
of the Borrower’s external payment and credit rating, the Lender shall have the right to change the payment method of the borrowed
funds. In case of any change in the payment amount, payment object and purpose of the loan under the changed payment method or
entrusted payment method, the Borrower shall provide the Lender with a written explanation on the application for change, and re-apply
for withdrawal and relevant transaction data evidencing the use of funds.



 


		4.2	Payment standard of loan fund



 


If the
amount of loan payment under the Contract exceeds RMB 10,000,000, the entrusted payment method must be adopted. Within the
scope of the above trustee payment standard, the lender has the right to put forward a stricter trustee payment standard. If
the Lender considers that the payment method of the loan funds selected in the specific business application does not meet
the requirements, it has the right to change the payment method or stop the issuance and payment of the loan funds. The
payment method of the loan fund under the Contract is specified in Article 16 of the Contract. The Borrower shall not
independently pay the entrusted payment in accordance with the Contract.


 


		4.3	Specific requirements for entrusted payment
of borrowing funds



 


		4.3.1	If the Lender is entrusted to make payment,
the Borrower shall provide the written entrustment document of entrusted payment entrustment,
that is, authorize and entrust the Lender to transfer the loan funds to the designated account of the Borrower, and then directly
pay the loan funds to the account of the transaction object designated by the Borrower for the purpose specified in the Contract.



 





		4.3.2	If the payment is entrusted by the
                                                             Lender, the Borrower shall provide the Lender with the information of the loan account, the account of the transaction
                                                             object, the payment amount and the certification materials to prove that the withdrawal conforms to the purpose agreed in the
                                                             loan contract. The Borrower shall guarantee that all information provided to the Lender is true, complete and valid. Where
                                                             the Lender fails to complete the entrusted payment obligation in time due to the untrue, inaccurate and incomplete
                                                             transaction information provided by the Borrower, the Lender shall not assume any responsibility, and the repayment
                                                             obligation of the Borrower under this Contract shall not be affected.



 




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		4.3.3	Execution of entrusted payment



 


		(1)	In case of entrusted payment by the Lender,
after the Borrower submits the entrusted payment power of attorney and relevant transaction materials, the Lender shall pay the
loan funds to the Borrower’s transaction object through the Borrower’s account after examination and approval.



 


		(2)	If the Lender finds that the usage certification
materials and other relevant transaction materials provided by the Borrower do not conform to the provisions of the Contract or
have other defects, the Lender shall have the right to require the Borrower to supplement, replace, explain or re-submit relevant
materials. The Lender shall have the right to refuse the release and payment of relevant funds before the Borrower submits relevant
transaction materials deemed qualified by the Lender.



 


		(3)	In case of refund from the account opening
bank of the transaction object, which causes the Lender unable to pay the loan funds to the transaction object in time according
to the payment commission of the Borrower, the Lender shall not assume any responsibility, and the repayment obligations of the
Borrower under this Contract shall not be affected. The Borrower hereby authorizes the Lender to freeze the funds returned by the
opening bank of the transaction object account. In this case, the borrower shall re-submit the relevant transaction materials such
as payment commission and use certification materials.



 


		(4)	The Borrower shall not evade the entrusted
payment of the Lender by breaking the whole into parts.



 


		4.4	After the release of the loan funds, the
Borrower shall, as required by the Lender, timely provide records and evidential materials for the use of the loan funds, including
but not limited to transaction evidences such as purchase and sale contracts, operating cost and expenses evidences and other evidences
for operating turnover expenses.



 


		4.5	In case of any of the following circumstances,
the Lender shall have the right to re-determine the conditions for the issuance and payment of the Loan or stop the issuance and
payment of the Loan:



 


		(1)	The Borrower violates the Contract and
avoids the entrusted payment of the Lender by breaking the whole into parts;



 


		(2)	The borrower’s credit status declines
or the main business profitability is not strong;



 


		(3)	Abnormal use of borrowing funds;



 


		(4)	The Borrower fails to timely provide the
records and information on the use of the loan funds as required by the Lender;



 


		(5)	The borrower pays the loan funds in violation
of this article.



 



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Article 5 Repayment


 


		5.1	The specific way for the Borrower to repay
the loan under the Contract is specified in Article 17.2 of the Contract.



 


		5.2	The Borrower shall repay the loan principal,
interest and other payables in full and on time as agreed in the Contract. On the Repayment Date and one working day before the
Interest Payment Date, the Borrower shall fully deposit the current interest payable, principal and other payables into the repayment
account opened at the Lender, and the Lender shall have the right to take the initiative to transfer them on the Repayment Date
and Interest Payment Date, or require the Borrower to cooperate in handling relevant transfer procedures. Refer to the agreement
of loan receipt for details of repayment account.



 


		5.3	Order of repayment of loan



 


			Unless otherwise agreed by both parties, the Lender has the right to decide the order of
                                                        repayment of principal or interest in the case that the Borrower defaults on the principal and interest of the Loan; Under
                                                        the circumstance of installment repayment, if there are multiple due loans and overdue loans under the Contract, the Lender
                                                        has the right to decide the repayment sequence of a certain repayment of the Borrower;Where there are multiple due loan
                                                        contracts between the Borrower and the Lender, the Lender shall have the right to decide the contract sequence to be
                                                        performed for each repayment by the Borrower.



 


		5.4	Withdrawal account of loan fund



 


			The Borrower shall open a capital withdrawal account with its name as the account name, and
                                                        the capital withdrawal of the Borrower shall enter the account. The Borrower shall timely provide the information on the funds in and out of the account.
The Lender shall have the right to require the Borrower to explain the inflow and outflow of large amount and abnormal capital
in the capital withdrawal account and supervise the account. Refer to Article 17.1 of the Contract for details of the Borrower’s
Fund Return Account.



 

		5.5	Prepayment



 


			If the Borrower needs to repay in advance, it shall submit a written application to the Lender
fifteen working days in advance. After the approval of the Lender, advance repayment formalities shall be handled, and the interest
charged according to the original agreement shall not be refunded. In case of partial loan repayment in advance, the principal
and interest of repayment shall be re-determined according to the remaining principal from the date of partial loan repayment.
Where the Lender agrees to the early repayment of the Borrower, the method for collection of liquidated damages is specified in
Article 17.3 of the Contract.



 




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Article 6 Guarantee


 


See Article 18 of the Contract for details
of the debt guarantee method under the Contract.


 


Article 7 Declarations and Commitment


 


		7.1	The Borrower declares as follows:



 


		(1)	The Borrower is legally registered and legally exists, and has the full capacity of civil rights
and capacity of conduct required for signing and performing the Contract;



 


		(2)	The execution and performance of this Contract is based on the true intention of the
                                                               Borrower, and has obtained legal and effective authorization in accordance with the requirements of its articles of
                                                               association or other internal management documents, and will not violate any agreements, contracts and other legal documents
                                                               binding on the Borrower; The Borrower has obtained or will obtain all relevant approvals, permits, filing or registration
                                                               required for signing and performing the Contract;



 


		(3)	The transaction background of the borrower’s application for business with the lender is true and
legal, and is not used for illegal purposes such as money laundering;



 


		(4)	The Borrower does not conceal from the Lender any event that may affect the financial status and
performance capability of the Borrower and the Guarantor;



 


		(5)	The Borrower and any of its shareholders and affiliated companies have not involved in any liquidation,
bankruptcy, reorganization, merger (by merger), division, reorganization, dissolution, capital reduction or similar legal proceedings,
nor have any circumstances that may lead to such legal proceedings;



 


		(6)	The Borrower has not been involved in
any economic, civil, criminal, administrative proceedings or similar arbitration proceedings that may have a material adverse impact
on it, nor has there been any circumstance that may cause it to be involved in such proceedings or similar arbitration proceedings;



 


		(7)	No enforcement, attachment, seizure, freezing,
lien or regulatory action has been taken against any of the Borrower’s material assets, nor has there been any circumstance that
might give rise to such action.



 


		7.2	The Borrower promises as follows:



 


		(1)	To submit its financial statements
                                                               (including but not limited to annual reports, quarterly reports and monthly statements) and other relevant information to the
                                                               Lender on a regular or timely basis as required by the Lender; The borrower ensures that it continues to meet the financial
                                                               indicators required by the lender;



 


		(2)	If the Borrower has signed or will sign
a counter-guarantee agreement or similar agreement with the Guarantor of the Contract on its guarantee obligations, such agreement
will not damage any rights of the Lender under the Contract;



 


		(3)	Accept the lender’s credit
                                                               inspection and supervision, and provide adequate assistance and cooperation; If the borrower pays independently, it shall
                                                               regularly summarize and report the payment and use of the borrowing funds in accordance with the requirements of the
                                                               lender;



 


		(4)	In case of merger, division, capital reduction,
equity transfer, external investment, substantial increase in debt financing, transfer of major assets and creditor’s rights and
other matters that may adversely affect the borrower’s solvency, prior consent of the lender shall be obtained;



 


		(5)	In case of the following circumstances,
the Borrower shall notify the Lender in time:



 


		a.	Changes in the articles of association, business scope, registered
capital and legal representative of the borrower or guarantor;



 


		b.	Carry out any form of joint operation, joint venture with foreign
investors, contractual operation, reorganization, restructuring, plan listing and other business operation mode changes;



 


		c.	Involved in significant litigation or arbitration, or where property
or collateral is seized, sequestered or otherwise secured, or where new security is placed over collateral;



 


		d.	Suspension of business, dissolution, liquidation, suspension of business
for rectification, revocation, revocation of business license, (application
for bankruptcy, etc;



 




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		e.	Shareholders, directors and current senior managers are suspected
of major cases or economic disputes;



 


		f.	The Borrower has any event of default under other contracts;



 


		g.	Difficulties in operation and deterioration of financial conditions
occur;



 


		(6)	All documents, financial statements, vouchers
and other information provided by the Borrower to the Lender under the Contract are true, complete, accurate and valid;



 


		(7)	The Lender has the right to withdraw the
loan in advance according to the return of the Borrower’s funds;



 


Article 8 Disclosure of Related Party Transactions within the
Borrower’s Group


 


		8.1	If the borrower is a group client determined
by the lender in accordance with the Risk Management Guidelines for Credit Business of Group Clients of Commercial Banks, the borrower
shall report to the lender in a timely manner the related transactions of more than 10% of net assets, including the related relationship
between the parties to the transaction, transaction items and nature, transaction amount or corresponding proportion, and pricing
policy(Including transactions with no amount or only a nominal amount).



 


		8.2	Under any of the following
                                                           circumstances, the Lender has the right to unilaterally decide to stop paying the unused loan of the Borrower and recover
                                                           part or all of the principal and interest of the loan in advance: using a false contract with an associated party to obtain
                                                           bank funds or credit by discounting or pledging creditor’s rights such as bills receivable and accounts receivable without
                                                           true trade background; Major mergers, acquisitions and reorganizations occur, which the lender considers may affect the
                                                           safety of the loan; Through related party transactions, Intentionally evading the creditor’s rights of the bank; Other
                                                           circumstances specified in Article 18 of the Guidelines for Risk Management of Group Customer Credit Business of Commercial
                                                           Banks.



 


Article 9 Events of Default and Handling


 


		9.1	One of the following matters shall constitute
or be deemed as the default event of the Borrower under the Contract:



 


		(1)	The Borrower fails to perform the payment and liquidation obligations to the Lender in accordance
with the Contract;



 


		(2)	The Borrower fails to use the loan funds in the manner agreed in the Contract or fails to use the
obtained funds for the purpose agreed in the Contract;



 


		(3)	The statement made by the Borrower in the Contract is not true, or the Borrower violates the commitments
made in the Contract;



 


		(4)	If the circumstances specified in Item (4) of Clause 7.2 of the Contract occur, the Lender considers
that the financial status and performance ability of the Borrower or the Guarantor may be affected, and the Borrower fails to provide
new guarantee and replace the Guarantor according to the provisions of the Contract;



 


		(5)	The credit status of the Borrower declines, or the financial indicators such as the Borrower’s
profitability, solvency, operation ability and cash flow deteriorate, which breaks through the index constraints or other financial
agreements stipulated in the Contract;



 


		(6)	The borrower and its affiliates have default events under the contract with the lender or
                                                               other institutions of Xiamen Bank Co Ltd An event of default occurs under the contract between the Borrower and its
                                                               affiliates and other financial institutions;



 


		(7)	The Guarantor breaches the agreement of the guarantee contract, or breaches other contracts with
the Lender or other institutions of Xiamen Bank Co Ltd



 


		(8)	The Borrower terminates its business or dissolves, cancels or goes bankrupt;



 


		(9)	The Borrower is involved in or may be involved in major economic disputes, litigation and arbitration,
or its assets are sealed up, seized or enforced, or the Borrower is investigated and dealt with by judicial organs or tax, industry
and commerce and other administrative organs according to law, or penalty measures are taken according to law, which has affected
or may affect the performance of its obligations under the Contract;



 


		(10)	The main investors and key management personnel of the Borrower change or disappear abnormally,
or are investigated or restricted by judicial organs according to law, which has or may affect the performance of their obligations
under the Contract;



 


		(11)	When the Lender examines the financial status and performance capability of the Borrower, it finds
that there are circumstances that may affect the financial status and performance capability of the Borrower or the Guarantor;



 


		(12)	The Borrower fails to provide explanatory materials recognized by the Lender in case of large amount
and abnormal capital inflow and outflow in the designated capital withdrawal account.



 




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		(13)	According to the reasonable judgment of the Lender, other events that may materially damage
                                                                the rights and interests of the Lender under the loan business and have a material adverse impact on the continued
                                                                performance of such business occur, including but not limited to: the market (exchange rate, interest rate, industry,
                                                                relevant derivatives market, etc.) Related to the business or the operation of the Lenders; Policy and regulation (monetary,
                                                                fiscal, industry, regional development, etc.)Major adverse changes in the political and financial situations of other
                                                                countries and other force majeure events; Significant adverse changes have occurred in the performance ability of other
                                                                parties to the business.


 


		9.2	In the event of default specified in the
preceding paragraph, the Lender has the right to take the following measures respectively or simultaneously according to the specific
circumstances:



 


		(1)	Require the Borrower and the Guarantor to correct their breach of contract within a time limit;



 


		(2)	Declare all or part of the principal and interest of the loan and other payables under the Contract
to be immediately due;



 


		(3)	Terminate or cancel the Contract, and terminate or cancel other contracts between the Borrower
and the Lender in whole or in part;



 


		(4)	Require the Borrower to compensate the Lender for the losses caused by its breach of contract;



 


		(5)	Deduct the amount in the Borrower’s account opened with the Lender and other institutions of Xiamen
Bank Co Ltd. to pay off all or part of the Borrower’s debts to the Lender under the Contract without prior notice to the Borrower.
Undue amounts in the account are considered to be due in advance. If the account currency is different from the pricing currency
of the Lender’s business, it shall be converted according to the Lender’s applicable foreign exchange rate at the time of deduction,
and the exchange rate risk shall be borne by the Borrower;



 


		(6)	Require the Borrower to provide a new guarantee, and/or replace the guarantor;



 


		(7)	exercise the real right for security;



 


		(8)	requiring the guarantor to undertake the guaranty liability;



 


		(9)	Collect default interest and compound interest from the Borrower in accordance with the Contract;



 


		(10)	Other measures deemed necessary and possible by the Lender.



 


Article 10 Reservation of Right


 


		10.1	If one party fails to exercise part or
all of the rights hereunder, or fails to require the other party to perform or undertake part or all of the obligations and responsibilities,
it shall not constitute a waiver of such rights or a waiver of such obligations and responsibilities.



 


		10.2	Any tolerance, extension or delay on the
part of one party to the other party in exercising the rights under the Contract shall not affect any rights it enjoys under the
Contract, laws and regulations, and shall not be deemed as a waiver of such rights.



 


Article 11 Effectiveness, Alteration and Termination of the
Contract


 


		11.1	The Contract shall come into force on
the date when the legal representatives (responsible persons) or their authorized agents sign or affix seals to it.



 


		11.2	This Contract may be changed or modified
in writing upon the consensus of both parties through consultation, and any change or modification shall constitute an integral
part of this Contract.



 


		11.3	Unless otherwise stipulated by laws and
regulations or otherwise agreed by the parties, the Contract shall not be terminated before all the rights and obligations hereunder
are fulfilled.



 


Article 12 Application of Law and Settlement of Dispute


 


		12.1	The Contract shall be governed by the
laws of the People’s Republic of China (excluding Hong Kong, Macao Special Administrative Region and Taiwan).



 


		12.2	The dispute jurisdiction organization
and settlement method shall be subject to Article 20 of the Contract. During the period of dispute, both parties shall continue
to perform the terms not involved in the dispute. All litigation fees (or arbitration fees) arising from disputes, reasonable attorney
fees paid by the other party and other expenses (including but not limited to property preservation fees, appraisal fees, travel
expenses, notarization fees, translation fees, evaluation auction fees and execution fees) incurred in the course of litigation
(or arbitration) shall be borne by the breaching party.



 



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Article 13 Miscellaneous


 


		13.1	The valid vouchers of the creditor’s rights
of the Lender under the Contract shall be subject to the accounting vouchers issued and recorded by the Lender according to its
own business regulations.



 


		13.2	Any notice or communication under the
Contract shall be delivered to the other party in written form at the address or other contact information recorded on the signing
page of the Contract. In case of any change of communication and contact address, the other party shall be notified in written
form in time.



 


		13.3	Unless otherwise agreed in other
                                                            terms of the Contract or terms of the supplementary agreement signed by the Lender and the Borrower, the Lender and the
                                                            Borrower confirm the transfer of creditor’s rights of the Lender under the Contract as follows: The Borrower agrees that the
                                                            Lender has the right to unilaterally decide to transfer all or part of creditor’s rights under the Contract to any third
                                                            party; The creditor’s right transfer notice of the Lender to the Borrower shall become effective to the Borrower from the
                                                            date                                                             of issuance; The Borrower hereby irrevocably undertakes to
                                                            agree that the Lender has the right to unilaterally accept the
                                                            entrustment of the assignee of the creditor’s rights to continue to manage the creditor’s rights and corresponding security
                                                            rights of the Borrower, including but not limited to agency deduction of funds in the accounts of the Borrower and the
                                                            Guarantor for payment of payables under the Contract, agency collection, and agency litigation against the Borrower and its
                                                            Guarantor for this creditor’s right. Preservation and other collection measures. If the Lender deducts the payables on
                                                            behalf                                                             of the Guarantor, the Borrower agrees that the Lender
                                                            shall have the right to directly deduct the funds in any repayment
                                                            account and other accounts opened by the Borrower and the Guarantor at the headquarters and branches of the Lender and its
                                                            branches to pay the principal and interest due and payable and other payables of the Borrower and the Guarantor without
                                                            notice to the Borrowers and Guarantor.



 


		13.4	Without the written consent of the Lender,
the Borrower shall not transfer any rights and obligations hereunder to any third party.



 


		13.5	If the Lender needs to entrust other
                                                            institutions of Xiamen Bank Co Ltd. to perform the rights and obligations under the Contract due to business needs, or
                                                            transfer the loan business under the Contract to other institutions of Xiamen Bank Co Ltd. for undertaking and management,
                                                            the Borrower acknowledges this. Other institutions of Xiamen Bank Co Ltd. authorized by the Lender or other institutions of
                                                            Xiamen Bank Co Ltd. undertaking the loan business under the Contract shall have the right to exercise all rights under the
                                                            Contract. It has the right to apply for arbitration to the Arbitration Commission agreed in the Contract in the name of the
                                                            organization for disputes under the Contract or to bring a lawsuit or apply for enforcement to the court with jurisdiction
                                                            where the organization is located.



 


		13.6	Except for the expenses explicitly stipulated
by laws and regulations to be borne by the Lender, any other expenses under the Contract shall be borne by the Borrower.



 


		13.7	Without prejudice to other provisions
of the Contract, the Contract shall be legally binding on both parties and their respective successors and assignees.



 


		13.8	If a clause or part of a clause hereof
is or will become invalid, such invalid clause or invalid part shall not affect the validity of the Contract and other clauses
hereof or other contents of such clause.



 


		13.9	The Lender shall have the right to provide
the information related to the Contract and other relevant information of the Borrower to the credit information system of the
People’s Bank of China and other credit information databases established according to law in accordance with relevant laws, regulations
and regulatory provisions, so as to be inquired and used by qualified institutions or individuals according to law. The Lender
shall also have the right to inquire the relevant information of the Borrower through the credit information system of the People’s
Bank of China and other credit information databases established according to law for the purpose of concluding and performing
the Contract.



 


		13.10	The Borrower agrees that the Lender will
entrust a third party to handle the incidental business related to the Contract (including but not limited to the Lender’s system
development and maintenance, printing and mailing of relevant vouchers such as account reconciliation vouchers, debt collection,
property assessment and other items permitted by laws and regulations) in accordance with laws and regulations, and the Borrower
agrees that the Lender will entrust the relevant information of the Borrower under the Contract, The information is handed over
to the third party mentioned above for handling the entrusted matters.



 


		13.11	Where the Lender fails to perform the
Contract or fails to perform in accordance with the Contract due to changes in laws and regulations, regulatory provisions or requirements
of regulatory authorities, the Lender has the right to terminate or perform the Contract according to changes in laws and regulations,
regulatory provisions or requirements of regulatory authorities. If the Contract is terminated or modified due to such reasons
and the Lender fails to perform or fails to perform according to the Contract, the Lender shall be exempted from liabilities.



 


		13.12	If the Lender deems it necessary,
                                                             the Borrower shall notarize the Contract. Such notarization shall have the effect of enforcement, and the Borrower promises
                                                             that if it or the Guarantor fails to perform its obligations or fails to fully perform its obligations, the Borrower is
                                                             willing to accept the enforcement according to law. If there are options in the following special terms, tick √ in
                                                             □, indicating that it is applicable, and × indicating that it is not applicable



 






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Part II Special Provision


 


Article 14 Amount, Term and Purpose of the Loan


 


		14.1	Borrowing currency: RMB, loan amount:
(in words) two million yuan only;



 


		14.2	Term: From August 10, 2020 to August 10,
2021;



 


		14.3	Purpose of the loan: to be used for the
operational daily turnover of the borrower.



 





Article 15 Interest Rate and Calculation and Collection of Interest


 

		15.1	Borrowing interest rate



 


			R (RMB loan) the interest rate of RMB loan under this contract is calculated according to the quotation
rate (LPR) (plus / minus) of 1-year term and more than 5-year loan market published by national interbank lending center on July
20, 2020, no less than 70 basis points (1 basis point = 0.01%, accurate to 1 base point), and the annual interest rate is tentatively
set as 4.55%.



 


			If the actual lending date is adjusted by LPR, the interest rate of the loan shall be adjusted
according to the LPR of the latest corresponding period before the actual lending date (excluding the day) and the above plus/minus
point.



 


			ý (foreign
currency loan) the interest rate of foreign currency loan under this contract is based on the latest (term and interest rate type)
/ interest rate plus / minus (spread) / base point obtained from Reuters before 9:00 on the actual drawing date (Beijing time).



 


			ý (foreign
currency loan) the interest rate of foreign currency loan under this contract is the loan interest rate of the same currency /
year in effect by the lender on the actual drawing date.



 


		15.2	Adjustment method of loan interest ratio



 


ý Fixed
rate.


 


þ Floating
rate:


 


þ Annual
(year / quarter / month) adjustment is implemented.


 


ý Other:/


 


		15.3	Interest Settlement Method



 


þ The
interest shall be settled on the 20th day of each month.


 


ý The
interest shall be settled monthly, and the interest settlement date shall be the 15th day of each month.


 


ý Interest
shall be settled quarterly on the 20th day of the last month of each quarter.


 


Profit follows the original Qing Dynasty


 


ý Others:/


 


Article 16 Payment Method


 


The payment of the loan funds under the Contract shall be made
by:


 


þ All
the loan funds are paid by entrustment.


 


ý All
loan funds are paid independently.


 



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	Article

XVII	Repayment
	 	 
	17.1	
        The specified fund withdrawal account of the Borrower is:


Bank of deposit. Xiamen bank jiangtou branch

         

        Account Number: [*]

         

	17.2	
        The Borrower shall repay the loan hereunder by:

         

        þ One
        time principal repayment method: the principal repayment date is the due date of the loan, and the interest payment date is the
        interest settlement date agreed in this contract. The borrower shall pay the loan interest on schedule, and return the principal
        and residual interest of the loan in one lump sum upon maturity.

         

        ý Interest
        with principal method: repayment date and interest payment date are the due date of the loan, and the borrower shall repay the
        principal and interest of the loan at one time when it is due.

         

        ý Equal
        principal subtraction method: the principal of the borrower’s loan shall be returned in equal instalments, and the day of repayment
        and the date of interest payment shall be the date of interest settlement stipulated in this contract, and the borrower shall pay
        the principal and interest of the first phase of loan. The date of the first repayment of principal and interest is /, and The
        last period is the due date of the loan stipulated in the loan receipt, and the borrower shall pay the remaining principal and
        interest. Calculation formula: repayment amount of principal and interest in each period = loan principal / total repayment periods
        + loan balance x monthly interest rate.

         

        ý Equal
        principal and interest method: the principal and interest of the borrower’s loan shall be returned in equal instalments, and the
        date of repayment and interest payment shall be the date of interest settlement stipulated in this contract, and the borrower shall
        pay the principal and interest of phase I loan. The date of the down payment of principal and interest is/.

         

        ý Other
        repayment plans:/

         

	17.3	
        The Lender has the right to charge liquidated damages for the
        prepayment according to the following standards:

         

        þ There
        is no penalty for prepayment.

         

        ý 10%
        of the remaining monthly interest on the part of prepayment will be added as liquidated damages.

         

        ý Others:/

         



 


Article 18 Guarantee


 


The guarantee method for the debts hereunder is as follows:


 


ý No
guarantee


 


þ All
debts owed by the borrower to the Lender under this contract shall be jointly and severally guaranteed by Huang zhuoqin and Wei
Liya, and a guarantee contract shall be signed by both parties.


 


ý All
debts owed by the borrower to the Lender under this contract shall be mortgaged (pledged) by / with all or legally entitled disposition
rights. Both parties shall sign a mortgage (pledge) contract and complete the mortgage (pledge) right according to law.


 


þ (other
guarantee methods) loan guarantee insurance is provided by Xiamen Branch of Taiping Property Insurance Co., Ltd.


 



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The Lender shall have the right to adjust the guarantee method
in accordance with the actual situation before the loan is granted.


 


Article 19 Other agreed matter


 


The credit funds shall not be diverted
to the house purchase. If the credit funds are diverted to the house purchase, the Lender has the right to terminate the contract
and take back the credit in advanced


 


Article 20 Any dispute arising from
or in connection with this contract shall be settled through negotiation by both parties; If the negotiation fails, both
parties agree to take the following measures to solve the problem:


 


þ Bring
a lawsuit to the people’s court where the lender is located.


 


ý The
dispute shall be submitted to the Arbitration Commission for arbitration in accordance with the arbitration rules in force at the
time of submission of the application for arbitration. The place of arbitration shall be the place of the lender. The arbitration
award is final and binding on both parties. When the case is submitted to arbitration, both parties agree to adopt the summary
procedure.


 


The parties confirm that all legal
documents related to litigation and arbitration based on any dispute under the Contract(Including but not limited to first
instance, second instance, retrial, execution procedure, application for payment order, special procedure stage of realizing
security interest and all documents of arbitration procedure. Legal documents include but not limited to indictment or
arbitration application, evidentiary materials, summons, notice of responding to an action, notice of proof, notice of
opening a court session, judgment or award, ruling, conciliation statement, notice for performance within a time limit,
petition, notice for execution, etc.) The contact address of the other party recorded on the signing page of the Contract
shall be the address for service. The relevant legal documents shall be deemed to have been served three working days after
they are sent by express mail according to the above address. If the address is changed, the other party shall be notified in
writing within one working day after the change, otherwise the original address shall prevail.


 


Article 21 Text of Contract


 


This contract is in triplicate with the same legal effect.


 


[No text below this page]


 




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[This page has no text and is the signing
page of the Loan Contract of Xiamen Bank Co Ltd.]


 


The Borrower confirms
that the Borrower has carefully read all the terms and conditions of the Contract, and relevant persons of the Lender have reminded
the Borrower to require relevant persons of the Lender to make full explanation and explanation on any terms before signing the
Contract, and to make full explanation and explanation on questions and information raised by the Borrower on relevant terms. The
Borrower has now fully understood the meaning of all the terms and conditions of the Contract. Therefore, after careful consideration,
the Borrower agrees to accept all the terms and conditions.


 


This Contract is signed by and between the following parties
on August 10, 2020.


 


	Borrower	 	Lender
	Authorized Signatory: Zhuoqin Huang

    Address: Room 102, No.23 Wanghai Road, Phase II

    Software Park, Siming District, Xiamen City

    Tel: [*]	 	Authorized signatory: Jiabin Wang

    Address: No.101 Hubin North Road, Siming District, 

Xiamen City

    Tel: [*]


 



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